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Fonterra aims for $1bn cost savings as global dairy price slumps

'This goal will help offset higher inflation expectations and we intend to achieve it through a…

Climate crisis: Dairy co-op Fonterra steps up emission reduction goals

The dairy co-op is now aiming for a 50% reduction in its Scope 1 and 2…

Fonterra announces return to farmers from asset sale and interim profits hike

'Our co-op’s scale and diversification across channels and markets has enabled us to navigate through disruption'

Fonterra co-op will introduce its new capital structure in the spring

Farmer members approved the proposal to move to flexible shareholding in December 2021

Fonterra says new finance framework will aid sustainability goals

'Over the next decade we intend to significantly increase our investment in sustainability-related activities and assets…

Fonterra rethinks sale of Australia business after hailing strong annual results

Robust demand helped the co-op overcome global challenges and it will retain the Australian arm because…

Fonterra lowers its milk price forecast as global demand softens

The co-op has also launched a new brand, Nutiani, to tap into the growing market for…

Fonterra to install 30-megawatt wood biomass boiler at Waitoa site

Fonterra says the switch from coal will help it reach its target net zero emissions by…

EU-NZ trade agreement criticised by agri-co-ops on both sides

Copa-Cogeca is concerned about the impact of giving market access to NZ farmers – but Fonterra…

Fonterra takes multi-million revaluation to Sri Lanka business as rupee tumbles

Sales volumes were also hit by global uncertainty around Covid and Ukraine but CEO Miles Hurrell…

New Zealand government to back Fonterra’s new capital structure

Ministers are running a consultation on changes to the law to accommodate the restructure, which was…

Europe’s agri co-op sector warns of lasting impacts of Ukraine war

Copa and Cogeca say food systems need to be made more resilient, while co-ops Fonterra and…